News

As a result of security problems in gaining access to mineral claims, a subsidiary of Golden Star Resources (TSE) has temporarily suspended most of its activities in Sierra Leone, West Africa. Pan Afr…

Extraction of mineralized rock from a stope (51-04-00) along the A vein at the Bourlamaque-Nord gold project led to the discovery of a large pocket of quartz-tourmaline-chalcopyrite, close to the gran…

Now that a border dispute between Ecuador and Peru is settled, drilling is expected to begin on the Peruvian Las Lomas porphyry copper-gold property. The US$300,000, first-phase program will be operat…

Spun off to the public through an initial offering in 1987, Cominco Resources International (TSE) will come full-circle if a proposal to merge with parent company Cominco Ltd. (TSE) is acted upon. Com…

Exploration activity has led to an 18% increase in reserves and resources at the Lady Lina gold property in Zimbabwe. Antares Mining & Exploration (TSE) reports that proven and probable reserves now s…

More than six years ago, junior company Bema Gold (TSE) headed off to Chile to take on a gold project which would enable it to make the transition from a small, 20,000-oz.-per-year producer to one tha…

In 1979, Nicaragua’s triumphant Sandinista revolutionary government nationalized all foreign mining operations in the country. Once again, foreign mining interests had been swept away by the turbulenc…

Long known for its vast reserves of nickel laterite ore, Cuba is now undergoing an exploration boom for precious and base metals. Although several multinational firms are involved in the hunt (includi…

Aside from selective hot spots, western markets continued to track sideways during our report period ended March 21, while gold slipped US$4 to the US$382-per-oz. level. The Vancouver Stock Exchange r…

London Metal Exchange Spot closing prices in $US per tonne Date March 21 March 20 March 17 March 16 March 15 Copper 2923-2924 2898-2900 2898-2899 2897-2898 2896-2897 Lead 580-581 574-575 578-579 576-5…

Pre-production work began early this year at the Moris heap-leach gold project in Chihuahua state, owner Manhattan Minerals (VSE) reports. The Vancouver-based junior is constructing an open-pit operat…

New reserves have been outlined at the Redstone nickel mine near Timmins, Ont. Owner Black Hawk Mining (TSE) calculated about 154,600 additional tons following a 25-hole drill program designed to test…